Tax deductions

Tax pros and regulators are wrestling with the complexities of this part of the Tax Cuts and Jobs Act.

If your favorite NFL team doesn’t make it to the playoffs, President Donald Trump’s tax overhaul might be in part to blame.

Tax pros weigh in on which aspects of the TCJA are of most concern.

The IRS is warning that taxpayers need to file the election by Oct. 15.

The Internal Revenue Service is giving businesses a tax break they thought they had lost in the tax overhaul last year — write-offs for wining and dining clients.

The Internal Revenue Service released guidance Wednesday on the business expense deduction for meals and entertainment in the wake of the Tax Cuts and Jobs Act.

The proposed guidance provides rules addressing how the regulation will affect individuals, partnerships, S corporations, trusts and estates engaged in domestic trades or businesses.

Taxpayers can use the deduction up until the Tax Cuts and Jobs Act says they can't.

The Internal Revenue Service’s initial guidance on the executive compensation deduction won’t settle all of the lingering questions.

Taxpayers in New York and Connecticut still have a few potential options to avoid the hit from a new cap on state and local tax deductions, while residents of other high-tax jurisdictions may only have creative estate planning as a last resort.